(Phnom Penh): Bill Clough, Chairman and Publisher of Post Media Ltd, publisher of the Phnom Penh Post, through a press statement dated 5 May 2018, announced the new owner of the Post, Sivakumar G. (Siva), a Malaysian investor, after the newspaper company was sold.
Bill Clough confirmed that his company last week settled tax bill with the General Tax Department.
Regarding the ongoing case of former senior staff suing the Post for wrongful dismissal, the court decision will not affect the company’s ability to remain in business.
“Whatever the final result is, the company faces no threat to its ability to continue its work,” the former chairman and publisher of the Post wrote in the statement.
See full press statement below: